Greg wrote: Wed Dec 11, 2024 10:19 pm Everything the previous speakers have written agrees.
My advice is that you stick to one strategy. I have noticed that many users jump from one strategy to another hoping not to make losses. There will always be losses but sticking to the rules will help you minimize losses and become profitable on a weekly or monthly basis. Just watch one system until your head starts to see the repeating patterns that occur from time to time . Read what Curioso inserted and you can use it with my example.

zoom out of the chart so that you can see the structure of the market. Experience allows you to trade pullbacks as well. However, in the beginning we need to focus only on the trend and trade only in its direction. See the second chart below.
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ALSO LOOK AT THE TREND ON A HIGHER TIME FRAME. YOU CAN SWITCH TO OTHER INTERVALS OR USE INDICATORS. YOU CAN USE WHATEVER SUITS YOU. I USE CCI FOR THIS. I ONLY TRADE WHEN ALL THE DIRECTIONS MATCH UP. IT IS SAFE FOR ME BECAUSE I AM A BEGINNER. I DO NOT TRADE IF THE TREND IN THE SUB-WINDOWS IS DIFFERENT.
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TO MAKE IT EASIER TO ENTER AFTER THE 2ND DOT YOU CAN USE THE HI/LO INDICATOR. REMEMBER ALL RULES OF XARD SYSTEM. BIGSEMAARROW -> SEMAARROW -> BIG DOT -> MINI DOT. DO NOT TRADE DIRECTLY AFTER SEMA ARROW OR DIRECTLY AFTER BIG DOT. I ALWAYS WAIT FOR MINI DOT TO APPEAR AFTER BIG DOT. MY LITTLE EXPERIENCE MAKES ME FEEL SAFE. AFTER MINI DOT WE ENTER AFTER ARROW. IF THERE IS 1 ARROW IN THE OPPOSITE DIRECTION IT IS A pullback AND A CONTINUATION OF THE MOVEMENT. YOU CAN ONLY EXIT AFTER THE 2ND ARROW ONE BY ONE. THESE ARE SMALL MOVEMENTS THAT CAN BE CALLED SCALPING. HOWEVER, WITH A STRONG TREND YOU CAN CATCH A BIGGER MOVEMENT
WE DO NOT ENTER AT EVERY MINI DOT AND ARROW. WE WAIT FOR THE RIGHT CONFIGURATION. EVERYTHING WITH THE RULES OF THE UNIVERSUM XARD SYSTEM. NOT STICKING TO THE RULES WILL ZERO THE ACCOUNT BECAUSE I CHECKED IT ON A DEMO ACCOUNT. ARROWS ARE ONLY FOR HELP AND NOT FOR TRADING ALONE.


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REMEMBER! THE RULES OF THE SYSTEM MUST BE OBSERVED. DO NOT trade IF YOU DO NOT SEE THE TREND. ARROWS CAN BE TURNED ON IF YOU MAKE SURE EVERYTHING IS CORRECT. ARROWS LITTER THE CHART SO LEAVE THEM OFF WHEN OBSERVING THE GRAPH.
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